Checking, Paychecks, and Credit

Checking, Paychecks, and Credit

7th - 10th Grade

19 Qs

quiz-placeholder

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Checking, Paychecks, and Credit

Checking, Paychecks, and Credit

Assessment

Quiz

Other, Life Skills

7th - 10th Grade

Medium

Created by

Karen Van Sickle

Used 6+ times

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19 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Uses an electronic transfer from your checking account to pay for items right away

Cash

Check

Debit Card

Credit Card

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A penalty from a bank when you do not have enough money in your account to cover purchases

Oopsie!

Overdraft

Credit

Check

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The current amount of money in my account after all deposits and payments

Total

Overdraft

Debit

Balance

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Double checking that your checkbook register matches your bank statement

Reconcile

Overdraft

Interest

Crossing your fingers

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A document included in each pay period that explains paycheck earnings and deductions

Checkbook

Credit Card

Bank Statement

Pay Stub

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The length of time for which an employee's wages are calculated (dates worked for pay)

A week

Pay Period

Full time

YTD

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The total amount of money earned during a pay period BEFORE deductions

Net pay

Money pay

Gross Pay

Pay pay

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